ACTIVE

ARVAL BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result67,7 M €-20,1 %over 1 year
Revenue1,1 Md €+10,4 %over 1 year
Equity173,4 M €+1,6 %over 1 year
Workforce448,9 ETP-0,9 %over 1 year

Identity

Source · BCE/KBO

ARVAL BELGIUM is a Public limited company incorporated in 1989. Its registered office is in Zaventem. It employs on average 448,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.781.102
Incorporation
16/02/1989
Legal form
Public limited company
Registered office
Ikaroslaan 99
1930 Zaventem · FlandreSee on map
Contributed capital
3 728 521,00 €
Latest accounts
31/12/2025
Average workforce
448,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue1,1 Md €1 Md €855,2 M €709,9 M €605,4 M €
EBITDA645,1 M €587,8 M €461,7 M €385,2 M €337,4 M €
Operating result211,8 M €208,3 M €151,1 M €117,7 M €85,2 M €
Net result67,7 M €84,8 M €75,6 M €75,4 M €56 M €
Balance sheet
Equity173,4 M €170,7 M €135,9 M €115,3 M €105,8 M €
Total assets4,2 Md €4 Md €3,5 Md €2,8 Md €2 Md €
Cash22,7 M €18,9 M €62,7 M €412,1 M €4,8 M €
Debts3,6 Md €3,4 Md €3 Md €2,3 Md €1,7 Md €
Other
Workforce448,9 ETP452,9 ETP449,8 ETP435,0 ETP434,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 17 ended

Active mandates

Grzegorz Konrad Szymanski

Director · since 01 octobre 2025 · until 27 avril 2027

Active
Simona Dumitrescu

Director · since 01 avril 2025 · until 27 avril 2027

Active
Marcus Schulz

Director · since 01 septembre 2023 · until 01 octobre 2025

Active
Stefan Majtan

Director · since 01 juillet 2022 · until 27 avril 2027

Active
Christophe Conegero

Director · since 17 juin 2021 · until 27 avril 2027

Active

Ended mandates

Marcus Schulz

Director · since 01 septembre 2023 · until 27 avril 2026

Ended
François-Xavier Castille

Director · since 20 décembre 2021 · until 01 juillet 2022

Ended
François-Xavier Castille

Director · since 20 décembre 2021 · until 27 avril 2027

Ended
Nuno Silva

Director · since 17 juin 2021 · until 01 septembre 2023

Ended

Other companies at this address

Ikaroslaan 99 1930 Zaventem
CompanyCBE no.
Justlease Belgium● Active
0688.886.179
LOCADIF● Active
0403.419.040

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/06/202614/07/202529/07/202412/07/202320/07/202222/07/2021
General meeting20/05/202617/06/202528/06/202429/06/202327/06/202217/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202520/05/202601/06/2026DutchPDF
Full model31/12/202417/06/202514/07/2025DutchPDF
Full model31/12/202328/06/202429/07/2024DutchPDF
Full model31/12/202229/06/202312/07/2023DutchPDF
Full model31/12/202127/06/202220/07/2022DutchPDF
Full model31/12/202017/06/202122/07/2021DutchPDF
Full model31/12/201926/06/202008/09/2020DutchPDF
Full model31/12/201827/06/201930/07/2019DutchPDF
Full model31/12/201729/06/201802/08/2018DutchPDF
Full model31/12/201630/06/201730/08/2017DutchPDF
Full model31/12/201526/04/201628/07/2016DutchPDF
Full model31/12/201428/04/201503/07/2015DutchPDF
Full model31/12/201322/04/201411/07/2014DutchPDF
Full model31/12/201223/04/201305/07/2013DutchPDF
Full model31/12/201124/04/201225/06/2012DutchPDF
Full model31/12/201026/04/201101/07/2011DutchPDF
Full model31/12/200927/04/201001/07/2010DutchPDF
Full model31/12/200828/04/200910/07/2009DutchPDF
Full model31/12/200722/04/200809/07/2008DutchPDF
Full model31/12/200624/04/200712/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 17 ended

Active mandates

Grzegorz Konrad Szymanski

Director · since 01 octobre 2025 · until 27 avril 2027

Active
Simona Dumitrescu

Director · since 01 avril 2025 · until 27 avril 2027

Active
Marcus Schulz

Director · since 01 septembre 2023 · until 01 octobre 2025

Active
Stefan Majtan

Director · since 01 juillet 2022 · until 27 avril 2027

Active
Christophe Conegero

Director · since 17 juin 2021 · until 27 avril 2027

Active

Ended mandates

Marcus Schulz

Director · since 01 septembre 2023 · until 27 avril 2026

Ended
François-Xavier Castille

Director · since 20 décembre 2021 · until 01 juillet 2022

Ended
François-Xavier Castille

Director · since 20 décembre 2021 · until 27 avril 2027

Ended
Nuno Silva

Director · since 17 juin 2021 · until 01 septembre 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/08/2025
    DIVERSEN
    PDF
  • Mandates04/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/10/2024
    ONTSLAGEN - BENOEMINGEN - DIVERSEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202567,7 M €↓
  2. 17/11/2025
    nominationAline Leys — lid van het Speciaal Comité (categorie C)
  3. 01/11/2025
    nominationRémi Brebant — lid van het Speciaal Comité (categorie C)
  4. 23/10/2025
    nominationGrzegorz Konrad Szymanski — lid van het Speciale Comite (categorie A)
  5. 01/10/2025
    nominationG. Szymanski — bestuurder
  6. 01/04/2025
    nominationSimona-Anca-Maria Dumitrescu — bestuurder
  7. 27/01/2025
    nominationMarjorie Halleux — lid van het Bijzonder Comité (categorie C)
  8. 2024
    Annual accounts 202484,8 M €↑
  9. 16/10/2024
    nominationErnst en Young Bedrijfsrevisoren BV — commissaris
  10. 16/10/2024
    nominationSarah Dupuis — vaste vertegenwoordiger
  11. 01/10/2024
    nominationLaurent Mélignon — lid van het Bijzonder Comité (categorie C)
  12. 01/05/2024
    nominationJens Bosch — lid van het Bijzonder Comité (categorie C)
  13. 01/05/2024
    unknownMarcus Hans SCHULZ — lid van het Bijzonder Comité (categorie A)
  14. 01/05/2024
    unknownDanut BOIANGIU — lid van het Bijzonder Comité (categorie B)
  15. 01/05/2024
    unknownLorent VELLEMANS — lid van het Bijzonder Comité (categorie C)
  16. 01/05/2024
    unknownEddy MUTOMBO KALENDA — lid van het Bijzonder Comité (categorie C)
  17. 01/05/2024
    unknownOlivier JASPERS — lid van het Bijzonder Comité (categorie C)
  18. 01/05/2024
    unknownJo DE BRUYNE — lid van het Bijzonder Comité (categorie C)
  19. 01/05/2024
    unknownGuergana KOLEVA — lid van het Bijzonder Comité (categorie C)
  20. 01/05/2024
    unknownTony PEETERMANS — lid van het Bijzonder Comité (categorie C)
  21. 01/05/2024
    unknownDorothée STEENACKERS — lid van het Bijzonder Comité (categorie C)
  22. 08/01/2024
    nominationGuergana Koleva — lid van het Bijzonder Comité (categorie C)
  23. 08/01/2024
    nominationDorothée Steenackers — lid van het Bijzonder Comité (categorie C)
  24. 08/01/2024
    nominationTony Peetermans — lid van het Bijzonder Comité (categorie C)
  25. 2023
    Annual accounts 202375,6 M €↑
  26. 22/12/2023
    nominationMarcus Hans Schulz — lid van het Bijzonder Comité (categorie A)
  27. 01/09/2023
    nominationMarcus Hans Schulz — bestuurder
  28. 01/03/2023
    nominationDanut BOIANGIU — lid van het Bijzonder Comité
  29. 2022
    Annual accounts 202275,4 M €↑
  30. 01/07/2022
    nominationStefan Majtan — bestuurder en voorzitter
  31. 2021
    Annual accounts 202156 M €↑
  32. 2020
    Annual accounts 202043,3 M €↑
  33. 2019
    Annual accounts 201924,9 M €↓
  34. 2018
    Annual accounts 201827,9 M €↑
  35. 2017
    Annual accounts 201727,2 M €↑
  36. 2016
    Annual accounts 201617,5 M €↑
  37. 2015
    Annual accounts 201515 M €↑
  38. 2014
    Annual accounts 201411,9 M €↓
  39. 2013
    Annual accounts 201314,3 M €↑
  40. 2012
    Annual accounts 20128,6 M €↓
  41. 2011
    Annual accounts 20119,6 M €↑
  42. 2010
    Annual accounts 20106,2 M €↑
  43. 2009
    Annual accounts 20094,5 M €↓
  44. 2008
    Annual accounts 20085,9 M €↓
  45. 2007
    Annual accounts 20076,8 M €↑
  46. 2006
    Annual accounts 20066 M €
  47. 16/02/1989
    IncorporationPublic limited company